Business & Technology
US court approves airBaltic's DIP financing structure of up to €350 million
A US bankruptcy court in New York has issued a final order approving up to €350 million in financing for Latvia's airline airBaltic. Part of the money depends on further conditions and a separate hearing on 17–18 November.
Dienas Bizness · 20 Oct, 17:31
US Court Gives Final Approval to airBaltic’s Up-to-€350 Million DIP Financing
The US Bankruptcy Court for the Southern District of New York has granted final approval on 20 October to the DIP financing structure of Latvia’s national airline airBaltic, worth up to €350 million. The question of priority for lenders’ liens over bondholders’ collateral remains undecided.
Latvijas Avīze · 20 Oct, 17:31
TikTok staff warned of child safety risks, but executives failed to act, records show
Court records obtained by NPR show that TikTok employees repeatedly raised child safety concerns that they felt executives did not adequately address. The depositions were filed in a US federal court in March.
The Verge · 20 Oct, 16:34
How to Get Rid of Fake Virus Warnings on a Windows PC
Pop-ups claiming a computer is infected are usually scams meant to push people into installing real malware. Tech site Engadget explains how to close them and avoid them.
Engadget · 20 Oct, 16:34
Autonomous aviation startup Reliable Robotics raises $115 million
US startup Reliable Robotics, which develops autonomous flight systems for existing aircraft, has raised $115 million. Its valuation now exceeds $1 billion as it works toward certification by the US aviation regulator.
TechCrunch · 20 Oct, 16:33
Ryanair chief: Europe to see record rise in air fares next year
Michael O'Leary, chief executive of Ryanair, Europe's largest low-cost airline, forecasts that ticket prices could rise by 20% next year. Higher oil prices driven by the war in the Middle East are behind the increase.
ERR (rus) · 20 Oct, 16:32
Spotify launches paid podcast memberships offering more than bonus episodes
Streaming service Spotify on Tuesday began offering paid memberships to podcast creators, letting them earn from their most loyal listeners with perks beyond extra episodes.
TechCrunch · 20 Oct, 15:34
Google One Offers More Than Storage: Perks Many Subscribers Overlook
Google One, which most people buy for extra storage, also includes family sharing, AI features and discounts across other Google services. Many benefits depend on the chosen plan.
Engadget · 20 Oct, 15:33
Google Cloud outage at London data centre hits UK banks and postal services
Serious disruption hit Google's cloud services at its London-based European data centre on Tuesday. Several UK banks and companies were affected, and Google has not yet explained the cause.
Dienas Bizness · 20 Oct, 14:33
Four kilometres of anti-tank ditch dug and "dragon's teeth" installed on Baltic Defence Line
Along Latvia's eastern border, a four-kilometre anti-tank ditch has been dug and "dragon's teeth" barriers installed over five kilometres as part of the Baltic Defence Line's first stage. The works are run by the state real estate company VNĪ on behalf of the Ministry of Defence.
iAuto.lv · 20 Oct, 14:32
US bankruptcy court approves release of €35 million to airBaltic
The US Bankruptcy Court for the Southern District of New York has approved the release of the remaining part of the first tranche of DIP financing for airBaltic, worth €35 million. The news agency LETA reported this, citing a company representative.
LSM (rus) · 20 Oct, 14:32
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Google Cloud services disrupted at London data centre
Google's Cloud computing services suffered serious disruptions on Tuesday at the company's European data centre in London.
Apollo.lv · 20 Oct, 14:31
Opinion: Europe Needs More Than Just Successful Startup Exits
An opinion piece published by the startup news site EU-Startups uses the July 2026 acquisition of Berlin-based Talon.One by Dutch payments provider Adyen as a case study. The author says such an outcome is significant but not enough on its own for Europe's technology ecosystem.
EU-Startups · 20 Oct, 14:31
Uzbekistan Announces 54 Deals Worth Nearly $12bn With US Partners During Rubio Visit
Uzbekistan has announced 54 agreements and proposed projects with American partners worth nearly $12bn after talks in Samarkand attended by US Secretary of State Marco Rubio. The two countries want to deepen their strategic partnership through private investment and joint industrial projects.
Euronews · 20 Oct, 13:34
Some Google Home Speakers are downloading hundreds of gigabytes of data in the background
Some owners of Google's new Home Speaker smart speaker report that the device continuously downloads huge amounts of data in the background. Google says it is aware of the problem and that a fix is already rolling out.
The Verge · 20 Oct, 13:34
US court approves further €35 million for airBaltic restructuring
A US bankruptcy court in New York has approved the remaining €35 million of the first tranche of airBaltic's rescue loan, bringing it to €175 million. Bondholders have filed objections in court.
NRA · 20 Oct, 13:31
Latvia urged to tighten landfill rules for waste suitable for recycling or energy recovery
An opinion piece in Latvian business daily Dienas Bizness argues that Latvia should discuss stricter landfill conditions while investing in domestic recycling and recovery capacity. Otherwise, resources and money will keep flowing abroad.
Dienas Bizness · 20 Oct, 12:33
Experts: Winter Tyres in Latvia Should Be Fitted Before Independence Day
After the first cold nights in Latvia, tyre shops are seeing more customers switching from summer to winter tyres. A road safety expert at the Road Traffic Safety Directorate (CSDD) says, based on 10 years of statistics, that the change should be done before the national holidays.
Latvijas Avīze · 20 Oct, 12:33
Four Google Gemini 4 agents beat Minecraft's final boss without human help
In a new Google study, four AI agents built on Gemini 4 Argon defeated the Ender Dragon, the main boss of the video game Minecraft, with no human involvement. The company presents it as a more impressive feat than earlier game successes.
Kursors.lv · 20 Oct, 12:33
Latvian-linked DARTZ builds a real-life version of GTA Online's Nightshark SUV
DARTZ, a Latvia-linked maker of armored luxury SUVs, is building the Nightshark VI to a private client's order, modeled on a vehicle from the video game Grand Theft Auto Online. It is due to be shown publicly in Miami in November 2026.
iAuto.lv · 20 Oct, 12:32
Linux 7.3 kernel released with improvements for AMD graphics cards and the ext4 file system
Linus Torvalds has officially announced the Linux 7.3 kernel, which is expected to become the next long-term support release. It brings performance improvements for AMD graphics cards, the ext4 file system and CPU time allocation.
Kursors.lv · 20 Oct, 11:33
Godox Unveils Magnetically Attachable Xenon Flash for iPhone Smartphones
Photography equipment maker Godox has developed a xenon flash that attaches to Apple iPhones with a magnet. The device targets one of smartphones' biggest photography weaknesses: a weak flash.
Kursors.lv · 20 Oct, 10:33
Mass layoffs at airBaltic will be a difficult process, says supervisory board chairman
Latvia's national airline airBaltic is expected to carry out collective dismissals of employees in the near future. Board chairman Andrey Martynov called it the most difficult of the upcoming processes.
LSM (rus) · 20 Oct, 10:32
France presses resale platforms to take down goods stolen during unrest
France's digital minister has demanded that six online platforms promptly remove listings for items allegedly stolen during the weekend's street unrest. The platforms must also cooperate with state authorities so that resellers can be prosecuted.
Euronews Business · 20 Oct, 10:31
Energy and fuel price rises force Europeans to skip even doctor visits, survey finds
A survey by Ipsos and the French organisation Secours populaire français in ten European countries shows that high energy and fuel prices are pushing people to cut spending on food, holidays and healthcare. Over a third of respondents gave up essential spending in the past year.
Latvijas Avīze · 20 Oct, 09:34
Experts: Latvia Needs a Single Plan to Keep Healthcare and Medicine Supply Running in a Crisis
At a conference in Rēzekne, experts concluded that crisis preparedness cannot rest on separate institutional plans, and urged the state to draw up a unified resilience plan for healthcare and medicine supply. Estonian and Ukrainian experience was presented.
Dienas Bizness · 20 Oct, 09:33
Regulator Data: Tele2 Has Latvia's Widest 5G Network and Fastest Mobile Upload Speed
The latest measurements by Latvia's Public Utilities Commission show that Tele2 has the widest 5G network in the country and the fastest average mobile internet upload speed, at 42.7 Mbit/s.
Kursors.lv · 20 Oct, 09:33
Musk: Artificial Intelligence Should Not Be Treated Harshly
Elon Musk, head of the AI company xAI, says AI should not be "tortured" with relentless questioning, citing humanity's safety. He compared the development of superintelligence to raising a child.
NRA · 20 Oct, 08:32
Linus Torvalds Used AI Tool Claude Code to Develop Linux Kernel Patches
Linus Torvalds, the creator of the Linux kernel, has officially announced that he used Anthropic's AI tool Claude Code for a series of eight patches. He said the model helped produce the code, test programs and code review.
Kursors.lv · 20 Oct, 08:31
Zeekr unveils updated 7X with 10–80% charging in about 10.5 minutes
Chinese EV brand Zeekr has shown its updated 7X, its best-selling model in Europe, at the Paris motor show. It goes on sale in Europe in October, with first customer deliveries planned for the first quarter of 2027.
iAuto.lv · 20 Oct, 08:31
Roche halts further investment decisions in Germany over drug pricing reform
Swiss pharmaceutical company Roche has put all future investment decisions in Germany on hold, citing recent political decisions. The announcement came as a government-backed investment summit opened in Berlin.
Euronews Business · 20 Oct, 07:33
Why an Expensive Wi-Fi 7 Router May Deliver Slower Speeds Than Expected
Users who have switched to the newest Wi-Fi 7 standard often report speeds below what was promised. Common causes include where the router is placed and how many devices are connected.
Engadget · 20 Oct, 06:34
Latvijas Dzelzceļš Sells Off Assets as Freight Volumes Keep Falling
Latvia's state-owned railway company Latvijas Dzelzceļš has announced a series of asset sales in October, as rail freight in nine months fell 12.5% to 5.9 million tonnes. The decline raises questions about the future of the company and the country's transit infrastructure.
NRA · 20 Oct, 06:33
Germany Courts Foreign Capital at First 'Invest in Germany' Summit
Berlin hosted its first "Invest in Germany" summit, where Chancellor Friedrich Merz promised far-reaching reforms and billions in investment pledges are expected. One commitment has already come from Nvidia chief Jensen Huang.
Politico Europe · 20 Oct, 06:31
Cash Withdrawals by Card Fall While In-Store Card Payments Rise
In the first nine months of 2026, 3.614 billion euros in cash was withdrawn with payment cards, 1.9% less than a year earlier. Card payments in shops reached 5.665 billion euros, up 6%.
Dienas Bizness · 20 Oct, 06:31
Mixbook Offers Up to 50% Off Holiday Photo Cards With Code MAILJOY
US photo-printing service Mixbook is running two discounts at once. For holiday cards the MAILJOY code is the better deal at 50 percent off, while the fall sale covers the whole catalog.
Wired · 20 Oct, 05:34